ETH: Pascal Caversaccio joins Ethereum Foundation board
The appointment pulls a security researcher and manifesto author into the Foundation's governance at a moment when protocol stewardship is under fresh scrutiny.
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The appointment pulls a security researcher and manifesto author into the Foundation's governance at a moment when protocol stewardship is under fresh scrutiny.
pcaversaccio becomes the EF's fourth board member, bringing SEAL911 co-founder credentials and a public privacy-advocacy track record to a body previously stacked with founders and counsel.
The appointment lands during a broader EF shakeup that has pushed several high-profile researchers out the door and toward new Ethereum-focused ventures outside the foundation.
The thesis lands at a moment when institutional interest has shifted from innovation-lab pilots to production deployments, putting confidentiality on the critical path for tokenized assets.
A co-executive director exit in February, nine senior departures, a June restructuring that cut 54 roles and 40% of the budget, and three new external bodies absorbing the work the foundation is…
Van Epps pegs Ethereum core protocol R&D at roughly $30M annually and warns the Foundation's shrinking treasury means new outside institutions must step in, even as EVM adoption and stablecoin…
The same week EthLabs launched with 50+ ecosystem backers, the EF cut deeply, and the loudest voices calling it bullish came from a Solana co-founder and Ethereum's own co-founders.
Two high-profile voices, Robert Kiyosaki and Solana's toly, are leaning bullish on Ethereum just as the EF trims headcount and resets priorities.
The layoffs come as the network posts record throughput and tokenized assets hit $203B, while base-layer fee revenue halves and spot ETH ETFs bleed for seven straight weeks.
Roughly 54 roles are going as the Foundation reorganizes around the Mandate and a new Treasury Management Policy, signaling a narrower execution focus at the top of Ethereum's core org.
A 40% spending cut this year is the number, but the real signal is Vitalik framing the EF as a 5%-spend endowment by 2030 while nine senior figures have walked out since January.
The layoff lands as EF consolidates from a sprawling org into five clusters tied to its mandate. Departing staff get a severance floor at one month per year, plus transition grants.
The 54-person reduction lands alongside nine senior departures in six months and a separate institutional push led by SharpLink, BitMine, and Joseph Lubin, exposing fault lines inside the ecosystem's…
The Foundation is collapsing its old pods into five protocol-facing clusters plus an ops arm, a structural reset that lands as ETH trades under macro and competitive pressure.
Wang's exit, the ninth senior departure in five months, is feeding a fight over whether the EF is shrinking on purpose or losing control. Dankrad Feist is publicly blaming management, not strategy.
The Foundation's reframing positions MEV as a censorship-resistance battleground, not just an arbitrage problem, while quietly migrating its own balance sheet onto ETH and Ethereum-native stablecoins.
Wang's exit follows Stańczak's — the foundation has now lost both co-executive directors and at least eight senior staff in five months, leaving one board member to steer a nonprofit under mounting…
Trent VanEpps pegs the ecosystem's annual core-dev budget at roughly $30M; with the Client Incentive Program gone and EF treasury cuts rolling in, he says contributor flight and a 12-18 month symptom…
The second co-departure in four months lands while a former core developer warns the foundation could run out of funds within nine — the governance and treasury signal both hit at once.
The $30M annual core-dev bill is colliding with EF spending cuts and the expiry of the Client Incentive Program — a structural gap, not a quarterly blip.